silk road

US DOJ announces seizure of $3.36B in cryptocurrency

The U.S. Department of Justice on Monday announced that law enforcement seized $3.36 billion of bitcoin from a man who “unlawfully obtained” more than 50,000 bitcoin from darkweb market Silk Road

DOJ says it seized over $1 billion in bitcoin from the Silk Road drugs marketplace

Two days ago, about $1 billion worth of bitcoin that had sat dormant since the seizure of the Silk Road marketplace in 2013, one of the biggest underground drug websites on the dark web, suddenly chan

Author Ryan Holiday on “the nature of world-altering success”

Contributor Contributor More posts by this contributor The dinner that destroyed Gawker Author Ryan Holiday on “the nature of world-altering success” It could be said that the first few ye

Silk Road founder loses his appeal, will serve a life sentence for online crimes

On Wednesday, an appellate court shot down Silk Road creator Ross Ulbricht’s effort to avoid spending the rest of his life behind bars. Two years ago, Ulbricht was sentenced to life in prison fo

US Marshals To Sell 44,000 BTC At Auction In November

The US Marshals Service is selling another chunk of Silk Road bitcoins. The 44,341 BTC, to be sold in blocks of 2,000 bitcoin, will go on sale from 12:00 UTC to 18:00 UTC on November 5, 2015. These ar

Federal Agent Pleads Guilty To Obstruction And Money Laundering In Silk Road Case

U.S. Secret Service special agent Shaun W. Bridges of Laurel, Maryland, pleaded guilty today before the U.S. District Judge Richard Seeborg of the Northern District of California to obstruction and mo

Convicted Silk Road Owner Ross Ulbricht Sends His First Note From Prison

The alleged mastermind of the Silk Road, Ross Ulbricht, has sent his first note from prison, a handwritten missive posted on, a site dedicated to news about the Ulbricht’s case and

The Silk Road’s Ross Ulbricht Sentenced To Life In Prison

The alleged owner of the Silk Road, an online black market, has been sentenced to life in prison by Judge Katherine B. Forrest in a Federal District Court in Manhattan. He was found guilty on seven ch

A Robot That Bought Drugs Online Is Now Free From Police Custody

If that headline doesn’t make much sense, welcome to the 21st century when a program designed to automatically buy random items from illegal marketplaces can be arrested by Swiss police. As you&

Recapping Week One Of The Silk Road Trial

Ross Ulbricht, the creator of the Silk Road online black marketplace, is facing a number of Federal charges related to allegations that he facilitated the illegal activity of marketplace users. Week

Alleged Silk Road Mastermind Claims Head Of Mt. Gox Was The Real Dread Pirate Roberts

If you read the headline above and said “Huh?” then you are not alone. It seems Ross Ulbricht, the alleged head of Silk Road, was not the real owner of the site. According to Ulbricht&#821

U.S. Marshals Complete Second Auction Of Silk Road Bitcoin

The U.S. Marshals Service has completed the second auction of bitcoin seized from the original Silk Road. The auction, consisting of 50,000 BTC, is the latest in a seized BTC sell-off that began in Ju

Nearly Half Of The Operation Onymous Takedowns Were Scam Or Clone Sites

While the FBI was able to take down a number of popular Dark Web sites including the Silk Road 2, it seems the wide-ranging attacks targeted mostly fake sites. Friend of TC Nik Cubrilovic has taken a

More Dark Markets Shut As Authorities Lead Crackdown

The UK National Crime Agency has posted a notice describing a series of six arrests that coincided with the takedown of the Silk Road 2.0. Authorities have also taken down two other dark markets, Hydr

Former Space X Employee Arrested For Alleged Silk Road 2.0 Involvement

The alleged operator of the Silk Road 2.0, Blake Benthall, has been arrested by the FBI in San Francisco after federal agents shut down the site on Wednesday. The site was a copy of the original Silk

Expert Witness For Silk Road Suggests FBI Lied About How They Accessed Back-End Servers

According to a court document released today, expert witness Joshua J. Horowitz, a lawyer and tech expert, believes the FBI is not telling the whole truth when it comes to how they found the back-end

The Feds Found The Silk Road’s Ross Ulbricht Thanks To A Leaky CAPTCHA

You may have heard that the infamous Dread Pirate Robets AKA Ross Ulbricht’s Silk Road was taken down thanks to a problem in his anonymous Tor server. Now, however, Brian Krebs has shown us just

US Marshals Have Sold 30,000 Silk Road Bitcoins

The US Marshals announced they have sold 30,000 BTC to an anonymous bidder. The auction took place on June 27 and the highest bidder won all 30 blocks of 1,000 bitcoins. Comically, the sender of a an

Boom Goes The Bitcoin

Dropped, as Yoda would say, the other shoe has. U.S. Marshals are now selling off 29,656.51306529 <a href="">BTC</a>, about $18 million in bitcoin at today's $600 pri

U.S. Government Is Turning Seized Silk Road Bitcoins Into Cash

As I noted in January, the U.S. government is quite interested in getting out of the Bitcoin business and has, thus far, been working hard to convert seized bitcoin to actual cash, a move that could a
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